Bitcoin prices are destroyed, everyone is disappointed

[Ziaderi33]

I am very disappointed to see the price of bitcoin destroyed in recent days, I have lost a lot when I bought bitcoin at a high price, until when this bitcoin price dropped.

[gamechangers]

The rate at which the price drops is quite devastating, however if you have been following bitcoin closely or even if you start recently, try to familiarize yourself with the history of this cryptocurrency and you will realise this is inevitable. Therefore be calm, you will get a huge profit over your investment with time.

[Diced90]

The rate at which the price drops is quite devastating, however if you have been following bitcoin closely or even if you start recently, try to familiarize yourself with the history of this cryptocurrency and you will realise this is inevitable. Therefore be calm, you will get a huge profit over your investment with time.

I agree that Bitcoin price had dropped dramatically and nobody is happy, I get that. What I'm skeptical about is if and when is the recovery going to happen? Even if history showed that it happened in the past, the question we face now is if the history will repeat this time again.

[Lizzylove1]

Sorry about your disappointment, there are several of us in such scenario right now. What one should have done after buying  high and seeing the price crashes, is to just trade the bitcoin volatility against the fiat, this way some progress of recovery should be made howbeit with some good technical analysis or getting a proven signal at a caution manner. Am hope that these woes will soon come to an end.

[RonF]

I disagree.  I bought several hundred bitcoins several years ago at $250 to $400 each.  Then I got for free an equal number of bitcoin cash.  This spring I used this to buy free and clear a new house, 40 acres of land, tractor, nice wood stove and bed, furniture, Amish barn...the list goes on on and all with cash.  Still have half my bitcoin and bitcoin cash remaining which next year I will buy a travel van, vegetable green house, and solar panels.

Disappointed?  Hell no.  Fact is not everyone is.  I'm not that is for certain.

The secret to wealth in investment is HODL.

[aris av]

It is difficult to predict when this disaster will end, and the market may decline lower. Be patient, crypto will not die that way, even crypto can rise and provide benefits.

[nellakarisma]

if I myself see the price of bitcoin getting destroyed even I am very sure. the destruction of the price of bitcoin is now beyond everyone's mind, bro. so it is possible that many people will become disappointed with the price of bitcoin now bro ..

[tomahawk9]

You only lose money if you start selling at such low prices. If you made an investment for the short-term, you should start preparing what you're next move is gonna be as there's a chance that prices could go futher down. Now, if you invested for the long-term, you shouldn't care about the current market movements since prices will recover in due time, just hold your coins and you'll be fine.

[franky1]

for me a price drop is discount day.
great oppertunity to buy cheap coins before prices go up.

many people seeing the price hanging above $5800 were hoping for it to go down to buy more.. i would call this a great time to. as we are about to nter 2019 where finance firms start a new tax financial year clear of losses. so can easily push forward.
(many finance firms that made a january-march loss didnt want to suddenly profit before year end. so happy to end year at a loss to claim tax deductions) . then in 2019 . boom. asics will be deliverd to people. ETF will finally get some go aheads. and people will be buying coin again.

[Amevalentine]

I am very disappointed to see the price of bitcoin destroyed in recent days, I have lost a lot when I bought bitcoin at a high price, until when this bitcoin price dropped.

I agree with you that your word is right when the last day at this time bitcoin is still unstable and disappoints many people who want to sell and if it's like this long time it can't be profitable

[demenBTC]

I am very disappointed to see the price of bitcoin destroyed in recent days, I have lost a lot when I bought bitcoin at a high price, until when this bitcoin price dropped.

You don't lose the least amount of bitcoin that you have at any time, you only lose the value of the amount of dollar exchange if you sell it, all you have to do is hold it until the market recovers, about predicting when the market will recover, you can't find it. the market immediately rose from adversity

[Abal Abal]

difficult to predict, until when bitcoin will drop no one knows. but my estimate of the lowest point of the bitcoin price is $ 4000 if that point has been reached, bitcoin will return to soar. this is my estimate.

[RonF]

This and the near future is the time to buy whilst nearly everyone else is selling at a lost.  Word of wisdom, take it as you will.

[SnapDown22]

I am very disappointed to see the price of bitcoin destroyed in recent days, I have lost a lot when I bought bitcoin at a high price, until when this bitcoin price dropped.

I share the same with you if at this time it doesn't stabilize, can I make it automatic? HODL just weigh it and give it to others and I think we are more patient learning and waiting for the right time.

[RonF]

You only lose money if you start selling at such low prices. If you made an investment for the short-term, you should start preparing what you're next move is gonna be as there's a chance that prices could go futher down. Now, if you invested for the long-term, you shouldn't care about the current market movements since prices will recover in due time, just hold your coins and you'll be fine.

Agree.  Hodl.  Simple as that.

[Linkkoin]

You only lose money if you start selling at such low prices. If you made an investment for the short-term, you should start preparing what you're next move is gonna be as there's a chance that prices could go futher down. Now, if you invested for the long-term, you shouldn't care about the current market movements since prices will recover in due time, just hold your coins and you'll be fine.

Agree.  Hodl.  Simple as that.

Hodling had proven to work during 2014-2015 massacre. Even more - people who increased their portfolio when 1 BTC costed below $300 had been the real winners of 2017 rally. Unlike those, who bought BTC for $15000+

[Sandus_Cryptolover]

You only lose money if you start selling at such low prices. If you made an investment for the short-term, you should start preparing what you're next move is gonna be as there's a chance that prices could go futher down. Now, if you invested for the long-term, you shouldn't care about the current market movements since prices will recover in due time, just hold your coins and you'll be fine.

Agree.  Hodl.  Simple as that.

Hodling had proven to work during 2014-2015 massacre. Even more - people who increased their portfolio when 1 BTC costed below $300 had been the real winners of 2017 rally. Unlike those, who bought BTC for $15000+

It worked very well then but records confirmed it isn't a good idea since November till date as the price of Bitcoin just continue to tank putting so many investors in a state of dilemma.

[Baby Dragon]

I am very disappointed to see the price of bitcoin destroyed in recent days, I have lost a lot when I bought bitcoin at a high price, until when this bitcoin price dropped.

Its hard to know if the falling price of bitcoin will stopped or it will continue to falling down. Even me I lost a thousand of dollars because of falling down price. No one can tell until when the price dropped but I think we should expect that if there is a dumped, there will also a pump so just hold your bitcoin and wait more time.

[Theb]

I too felt disappointed at some point but that feeling didn't last long for me. Sure the recent price drop was not expected especially when we all thought that it will have some bullish breakout based on the descending triangle it has formed but the unexpected happened and I was not prepared to handle it. But then I realize that my disappointed at the price won't do no good for both me and what I am hodling that is why I would rather be an optimistic rather than to grieve like all hopes are lost, there is still hope and BTC is still fighting to rise back up again, after all we are all just speculators here and hodling BTC is really risky during the bear market.

[andi_wahid]

try to be patient and stay focused, this is not the end of everything. Excessive disappointment can make you make the wrong decision. this only takes time for bitcoin to crawl up again. you can see from the history of bitcoin prices, this is only a matter of time.